IL&FS Transportation Networks has emerged as the lowest bidder for Khed -Sinnar project after the bids were opened on March 22, 2013 by National Highways Authority of India (NHAI). The company had earlier submitted a bid with NHAI for Four Laning of Khed -Sinnar Section of NH-50 from Km 42.000 to Km 177.000 (Design Length - 137.946 Km) Under Phase IV B in the State of Maharashtra on DBFOT Basis.
The project is on toll basis with a concession period of 20 years including construction period of 910 days. The estimated cost of the project is Rs 1348.20 crore. The Company has quoted a grant of Rs. 296.60 Crores for Project.
IL&FS Transportation Networks has been involved in the development, operation and maintenance of national and state highways, roads (including urban roads), flyovers and bridges in Andhra Pradesh, Delhi, Gujarat, Maharashtra, Karnataka, Uttar Pradesh, Kerala, Jharkhand and Rajasthan.